Ebay has changed (for the worst, IMO) but I still sell there and make money.
Depending on your items it is one of the most cost effective ways to get your name out there.
I try to steer my customers to other venues and always offer to send a paypal invoice direct when I speak with them by phone.
I've had only a few very minor problems since I started back in 1998-9... probably much better over the years than a single day in a retail store return line.
Customers have backed out of an auction but I've never been stiffed on payment.
I used to sell a bunch of used tools/equipment and it's not worth it now to list and sell an individual item for less than $50. (unless you have automated listing and are drop shipping chinese products maybe).
Haven't heard about the paypal thing, I have access to my money instantly so far and clear out my account regularly.
I know some people have trust issues/horror stories with paypal but only minor issues so far for me, all resolved.
-James

